Sunday, January 19, 2014

México: German Auto Parts Firm Poised to Produce Three Million Headlamps Annually

According to The Latin American Tribune, the German auto parts manufacturer, Hella, inaugurated a $150 million headlamp plant in the central Mexican city of Irapuato.

Irapuato is a Mexican city of 350,000 located at the foot of the Arandas mountain, in the south central region of the state of Guanajuato. It lies between the Silao River and the Guanajuato River, a tributary of the Lerma River, at 1,724 meters (5,656 feet) above sea level.

The factory will initially employ 250 people, but the staff is expected to grow to 1,500 as production ramps up, Hella Iluminacion director Ignacio Moreno said.

COMMENT: The plant is projected to eventually produce nearly three million units a year for several different automakers.

Present for the ceremony was Mexican Economy Secretary Ildefonso Guajardo, who called the Hella factory a sign both of investor confidence in México and the growing importance of the country's automotive sector, which has seen $3.5 billion in new investment over the past 13 months.

Hella, founded in 1899, employs nearly 30,000 people in more than 35 countries and is one of Germany’s 100 largest industrial companies.